Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / madhu poor
1st u pass Jounral Entry in Tally
Dr. Bill Payable......... Amt.
Cr. Bill (Telephone etc.) ...... Amt.
At the time of payable u pass Payment Entry.
Dr. Bill ..........Amt.
Cr. Cash/ Chq (Bank) ........... Amt
| Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT
At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?
Do you need an income statement if you do part time contract work at home?
recently release the 6.0 version not succede in the market why?
Expand---------DBPC
after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.
what is contigent liabilities? whats it status in balance sheet?
why do you think you are sutable candidate for this post
What is the quality of the accountant & rights ? hansika.kk@gmail.com
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
Take me through the entire vendor cycle.
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
